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Troy Income & Growth – Rating Removal

Posted @ 27/03/2024 12:52 Posted in Ratings Roundup

In early December 2023 we reported that it was the respective Board’s intention to combine the Troy Income & Growth Trust (TIGT) and the STS Global Income & Growth Trust (STS), and as a result of this announcement we suspended the former’s A rating. Shareholders have subsequently voted in favour of this proposal and the two trusts will merge with effect of April 2nd 2024. Consequently, TIGT will cease to exist and therefore it has been removed from the Academy of Funds.